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on technical aspects of energy in the book and to read the will manuscript to check on scientific details of it. this is an appropriate day for talking about "regulating to disaster" because president obama promised once more to develop the energy sources of the future. when any administration, republican or democrat decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers which leads to cronyism and wasted taxpayer dollars. this is the question of industrial policy, whether government should support business ventures in new technologies that are unable to secure private funding. government appears to be worse at this than private markets from the records we have over the past five years. in contrast in a speech in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company it makes it harder for solar technology generally because the other entrepreneurs in the solar field suddenly lost their opportunity to get capital. who wants to put money into a sol
Search Results 0 to 0 of about 1